Goldman Sachs Downgrades Kubota to Strong Sell

The Goldman Sachs Group has significantly lowered its rating for Kubota (OTCMKTS:KUBTY), changing its recommendation from a "strong-buy" to a "strong sell." This downgrade was announced in a note to investors on Sunday, as reported by Zacks.

Kubota has recently been the focus of several analyst reports. Zacks Research upgraded the stock from a "hold" to a "strong-buy" rating on July 31st, while Morgan Stanley downgraded it from an "equal weight" to an "underweight" rating on September 30th. Currently, the stock has a consensus rating of "Moderate Buy," with two analysts rating it as a "Strong Buy" and two rating it as a "Sell."

Kubota's stock opened at $86.72 on Friday. The company has a market capitalization of $19.72 billion, a P/E ratio of 11.43, and a P/E/G ratio of 1.13. Its 50-day simple moving average is $88.03, and its 200-day simple moving average is $86.03. The stock has a 12-month low of $60.53 and a high of $107.97.

Kubota reported earnings of $2.78 per share for the last quarter, exceeding analyst estimates by $0.99. The company had revenue of $5.59 billion, surpassing the consensus estimate of $5.05 billion. Kubota has set its FY 2026 guidance at 8.150 EPS, with analysts forecasting an average of 7.66 EPS for the current fiscal year.